Sunday, October 25, 2009

EPA Analysis of Kerry-Boxer Climate Bill

The EPA waited until 11 p.m. Friday night to release their economic analysis of the Kerry-Boxer climate bill (which had been expected that day), on which hearings will begin in the Senate next week. It found very little change in cost as compared to the Waxman-Markey bill that passed the House at the beginning of the summer, estimating that it would cost the average household about $80 to $110 a year.

The full EPA analysis can be found here. Senator Boxer's press release on the EPA report can be found here.

At the same time, Senator Boxer's office issued the Chairman's Mark of the bill, which can be found here. Senator Boxer's office has also provided a summary of the key changes between the original bill and the Chairman's mark, here. The New York Times analysis of the Mark can be found here, and Grist's analysis here.

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